Everyone’s Getting Some

If the current market gyrations are making you want to step out into the yard and kick a tree or two, then you’re not alone.

Over the past year we’ve effectively gone nowhere fast with no clear direction in sight.

Just the way I like it.

These are ideal conditions for selling overpriced premium to hapless retail victims.

If that’s you then sorry – but hey it’s doggy dog out there.

Plus I’ve got expensive hobbies, like flying kamikaze drones into local chicken farms while playing the Top Gun theme at full volume.

In minecraft of course…

Hey, you’re always free to join the fun and bank some ill-gotten gains on the way.

But let me throw you a bone here and advice you that we’re probably in for a wee bit of volatility today and probably tomorrow.

The lower auto-EM threshold has been tickled and that’s a great spot to drop a cheap butterfly in the upper range of the weekly EM range, especially since we’ve only got two sessions to go.

If you’ve paid attention in RPQ basic bootcamp then you know that IV spikes like these foretell sordid tales of retail traders tears.

Yeah say that one five times in a row…

BTW, no worries there’s plenty of fun scheduled for the remainder of the year.

Steep contango on the VX futures = solid investor confidence in the stock market…. crashing and burning sometime this year.

Yes, get in line – everyone’s getting some! 😉

Anyway, if you’re tired of losing and want to learn how to trade like a pro then here’s your chance.

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See you on the other side.

Michael

  • Mike
  • last year

About the Author

Hey there, I am one of the founding members of Red Pill Quants. I used to work as a systems engineer in Silicon Valley until I left the industry in 2008 to become a full time quant trader. It's been fun ever since.